ML-Implode News - Why we could be in a â€˜lost decade' of global wealth growth

The 1.4 percent rise in global wealth over the 12 month period to June 30 has only kept in line with population growth, meaning that for the first time since 2008 the wealth per adult measure has remained flat, according to the research... The data also reveal that the issue of income inequality, a growing sense and awareness of which is seen as a key factor in the advance of anti-establishment populism in recent years, is worsening.
... demonstrating evidence of a trend which will resonate with those interpreting Donald Trump's election victory, the vote for the U.K. to leave the EU and the rise of far-right parties in certain European countries as a cry of protest from citizens who believe globalization has served to worsen their lives, the research shows a rising occurrence of low wealth in high income countries.

According to the Research Institute, "Members of the bottom billion were once predominantly poor people in developing countries, but a significant and growing number are now found in the richest countries. Furthermore, the net worth of those in the bottom billion is increasingly likely to be negative, as credit easing generates larger personal debts."''

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Why we could be in a â€˜lost decade' of global wealth growth